Cables
29 recent notes from companies in this sector. 11 companies tracked.
Sterlite posts record Q1 revenue of ₹1,910 cr, lifts FY27 margin guidance to 23%
A landmark hyperscaler order drives the strong quarter; order book stands at ₹18,618 crore. Management upgrades full-year margin view.
Sterlite launches pre-connectorized FTTH solution CONCAT in US
Field trials completed with a large US telco; product promises 71% labour savings but no order value disclosed.
Diamond Power lands ₹185 cr conductor order from Adani Energy
The order for AL59 aluminium alloy conductors covers two transmission projects in Tuticorin and Pune. Deliveries run July 2026 to February 2027, with pricing linked to aluminium LME and forex rates.
Magnus Steel's ₹40 cr rights issue is nearly double its market cap
Board approves a capital raise equivalent to 190% of its market cap. With a recent MD exit, the move adds governance risk to dilution.
Relicab lands ₹1.43 cr order from global energy tech firm
The control cable order is small in absolute terms but represents 3.6% of market cap for a nano-cap. Delivery by August 2026.
Magnus Steel's MD quits weeks after appointment; board reverts to previous boss
Chinmay Pradhan resigns as MD barely weeks into the role, along with two other directors. Karronn Bajaj, whom Pradhan had replaced, is back as MD.
Sterlite Tech wins ICRA upgrade to AA after Rs 1,500 cr QIP
ICRA lifted Sterlite's long-term rating one notch to AA with stable outlook, citing the equity infusion that improved the balance sheet. The move covers instruments worth Rs 4,975 crore and follows a similar CRISIL outlook revision.
Diamond Power lands ₹435.71 cr cable order for 310 MW Hyderabad data centre
One of the largest single cable supply orders in India's data centre segment, covering 2,135 km of cable for EPC majors L&T, Sterling & Wilson, and Blue Star.
Sterlite wins patent fight over Celesta cables
European Patent Office revokes Fujikura's patent in non-appealable decision, ending UK infringement case. Sterlite now seeks legal cost recovery.
SGN Telecoms posts ₹24 lakh net loss, equity nearly wiped out
Zero revenue from operations for FY26; accumulated losses of ₹800.04 lakh approach equity base of ₹808.10 lakh. Cash reserves at ₹12.50 lakh.
Aksh Optifibre wins NCLAT stay on insolvency, ₹3.33 cr repayment plan
Ten days after NCLT admitted the company into insolvency on a ₹2 crore claim, the appellate tribunal has paused proceedings, allowing the promoter to repay ₹3.33 crore over six weeks and retain control.
Aksh Optifibre forced into insolvency on ₹2 crore claim
NCLT admits the optical-fibre maker to CIRP; moratorium declared. Company already battling SARFAESI actions and a ₹69 cr bank guarantee demand.
Diamond Power doubles QIP ceiling to ₹2,000 cr, seeks to fix shareholding
With a market cap of ₹10,782 cr, the QIP size is large at 18.6% of equity. Proceeds to address minimum public shareholding norms and fund expansion.
CRISIL lifts Sterlite Tech outlook to Stable, reaffirms AA- rating
CRISIL revised its outlook to Stable from Negative, citing strong revenue growth and a record order book. Core ratings unchanged at AA-/A1+.
Diamond Power mulls boosting its ₹1,000-cr QIP limit
The cable maker, already approved for a large QIP, now wants a higher ceiling. Board meets 18 June; exact amount still undisclosed.
Aksh Optifibre cleared for insolvency after NCLT split decision
The NCLT Jaipur bench's third member upheld a creditor's insolvency petition. Aksh Optifibre has appealed to NCLAT, but creditor actions are mounting.
Diamond Power adds 150 km of monthly cable capacity for ₹30 cr
The eighth line at Vadodara is a small spend that lifts total output by 14% to back a multi-thousand-crore order book.
Vidya Wires faces a ₹24.73 cr tax demand equal to 43% of annual profit
The income-tax order covers a seven-year block from 2018 to 2025. The company plans to appeal, but the bill equals almost half a year's net profit.
Clenon's losses triple even as annual revenue rises. Q4 sales almost vanished.
The nano-cap's FY26 audited loss ballooned to ₹239.78 lakhs, with Q4 revenue collapsing to just ₹29.75 lakhs. The numbers were pre-disclosed.
Diamond Power's profit surges 355% in FY26 on power-infrastructure demand
Annual revenue grew 71% to ₹1,910 crore. The year-end order book stood at ₹3,498 crore.
Diamond Power profit quadruples. CFO exits in the same filing.
FY26 revenue jumped 74% and net profit surged more than fourfold. The company replaced its whole-time CFO and director within the same announcement.
Diamond Power profit surges 4x on cable demand, but CFO exits
FY26 revenue jumped 74% to ₹1,944 cr on strong cable and conductor demand. CFO Samir Naik resigned for personal reasons on the same day the board approved the numbers.
Birla Cable profits triple as it readies for merger with Vindhya Telelinks
FY26 revenue climbed 16.5% to ₹771 crore; the board confirmed a dividend of ₹1.25 per share.
Birla Cable triples annual profit ahead of Vindhya Telelinks merger
FY26 net profit hit ₹16.9 cr on revenue growth of 16.5%. Somesh Laddha joins as CFO as the firm nears its exit.
Birla Cable profits jump 235% in FY26 ahead of merger
The company reported a sharp turnaround in annual earnings, with net profit hitting ₹16.9 crore and a new CFO appointment on the way.
Sterlite Technologies bags $1.11B AI data center contract
The optical fiber firm secured a multi-year award with a hyperscale partner that is worth nearly half of its own market valuation.
Prime Cable's margin story is two years away
FY26 revenue jumped **67%** to **₹235 cr**. Management guides **40-45%** growth for FY27-28 but says margins hold flat at **10-11%** until medium-voltage capacity ramps up.
Jigar Cables revenue drops 45% as expansion project starts
The nano-cap firm held profits steady at ₹1.75 crore despite a sharp revenue contraction, while pumping ₹14.43 crore into new capacity.
Jigar Cables revenue drops 45% while profits stay flat
The nano-cap cable maker reported revenue of ₹56.66 crore for FY26 as it funnels ₹14.43 crore into new factory capacity.